Board approves MD re-appointment, 2 new independent directors; 2 resignations
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board on Sept 2, 2026 approved: re-appointment of Manmohan Rao Suddhala as MD for 1 year from Oct 1, 2026 (he holds 6.42% stake), subject to shareholder approval. Two new independent directors, Vamshi Krishna and Nageswara Rao, appointed for 5-year terms. Two independent directors, Lakshmi Gurram and Kollu Srinivasa Rao, resigned citing personal commitments. Board committees reconstituted. 41st AGM set for Sept 29, 2026 via video conferencing. Share transfer books closed Sept 23 to 29. MVK and Associates named secretarial auditors for 5 years.
Routine governance reshuffle with MD continuity. Watch shareholder vote on MD re-appointment at AGM on Sept 29, 2026.